Daily Doom

[MrMark]

Were it not for his rampant spending of our money the UK would have a full war chest to ride out the current economic turbulance.
His massive expansion of the public sector and benefit dependance will only make our recoverry slower.
I am not saying that anyone else could or would have done it better, but NL have been in charge for long enough to take responsibility.
Had they not slipped the last remaining ties on the banks then we may not have floated so far up tulip creek either.

Need I go on?

Name another European country that's come out of this unscathed. In fact isn't the US in even worse straits.
I accept Gordo's lot are probably making it worse, but we can't blame the world recession on him - much as many of us would like to,
Actually the public sector employing people may actually be helping a few thousand stay in work at the moment. It won't help in the long run as major cuts will have to be made...

[TimberWolf]

http://news.bbc.co.uk/1/hi/business/8258405.stm

The number of people out of work in the UK has risen to its highest level in 14 years, official figures have shown.

Unemployment increased by 210,000 to 2.47m in the three months to July, taking the jobless rate to 7.9%, the Office for National Statistics said.

Claims for unemployment benefit in August grew by 24,400 from July to 1.61m, the highest since May 1997.

There have been signs the UK economy is beginning to pick up, but jobless data tends to lag behind other measures.

The number of 16 to 24-year-olds out of work rose from 928,000 to 947,000 - edging closer to the landmark of one million and adding to fears of a new "lost generation" of young people.

The jobless rate among this age group is at 19.7% - the highest since records began - meaning one in five is looking for work.


Where's Norman Tebbitt when you need him?

Plus,

The number of economically inactive people also rose to its highest point since ONS records began in 1971, at 7.99 million. The employment rate was 72.5%, the lowest level for more than 12 years. http://www.google.com/hostednews/ukp...ASL35MYhgwb1xA

One saving grace is:

For the public sector, average annual pay growth including bonuses was 3.4% in July - almost three times the 1.2% seen in the private sector and double the 1.7% growth overall.

Boomed.

[Mich the Tester]

http://news.bbc.co.uk/1/hi/business/8258405.stm

The number of people out of work in the UK has risen to its highest level in 14 years, official figures have shown.

Unemployment increased by 210,000 to 2.47m in the three months to July, taking the jobless rate to 7.9%, the Office for National Statistics said.

Claims for unemployment benefit in August grew by 24,400 from July to 1.61m, the highest since May 1997.

There have been signs the UK economy is beginning to pick up, but jobless data tends to lag behind other measures.

The number of 16 to 24-year-olds out of work rose from 928,000 to 947,000 - edging closer to the landmark of one million and adding to fears of a new "lost generation" of young people.

The jobless rate among this age group is at 19.7% - the highest since records began - meaning one in five is looking for work.


Where's Norman Tebbitt when you need him?

<heartless b@st@rd mode>

Good; even more people who are poorer than me

BOOMED!

<heartless b@st@rd mode/>

[Muttley08]

Western Europe and the US are in a lot better position...

Eastern Europe and ourselves are rogered for a long time yet - the 10-20% govt cuts are going to hit the IT sector hard..